Dealing in securities by directors of listed companies Sappi Limited (Registration number 1936/008963/06) (Incorporated in the Republic of South Africa) Share code: SAP ISIN: ZAE000006284; NYSE code SPP ("Sappi" or the "Company") Dealing in securities by directors of listed companies In terms of paragraph 3.63 of the Listings Requirements of the JSE Limited, we hereby provide the following information regarding dealing in securities of Sappi by directors of the Company. Clearance for the dealing was received in terms of Listings Requirement 3.66, as follows and the transaction was done off market: Director's Name: M R Thompson Company: Sappi Limited Date of transaction: 6 August 2012 Nature of transaction: Cash received on compulsory redemption and termination of 2014 secured notes issued by P E Paper Escrow GmbH Number of notes redeemed and terminated: 116,253 Redemption/termination price per note: 105.875% Total value of notes redeemed/terminated: Euro 123,082.86 Class of security: Secured notes listed on Luxembourg Stock Exchange Extent of interest: Direct beneficial Denis O'Connor Group Secretary Sappi Limited Tel +27 (0)11 407 8072 Fax +27 (0)11 339 1881 denis.oconnor@sappi.com 8 August 2012 Sponsor: UBS South Africa (Pty) Ltd Date: 08/08/2012 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.